INGENIOSUS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
INGENIOSUS
Largest movements
- Receivables within one year +€18,527
up €18,527 (+92.5%), from €20,024 to €38,551
of which Other amounts receivable: +€16,479
- Cash +€14,729
up €14,729 (+29.6%), from €49,749 to €64,477
mainly Net result for the year (+€42,151) and Accrued charges and deferred income (+€3,013)
- Tangible fixed assets +€8,841
up €8,841 (+805.0%), from €1,098 to €9,940
- Deferred charges and accrued income -€2,082
down €2,082 (-20.7%), from €10,054 to €7,972
- Reserves +€42,151
up €42,151 (+66.9%), from €63,027 to €105,179
- Other debts -€3,869
down €3,869 (-100.0%), from €3,869 to €0
- Accrued charges and deferred income +€3,013
new in 2025: €3,013
- Gross operating margin -€26,792
down €26,792 (-32.6%), from €82,058 to €55,267
- Taxes -€7,784
down €7,784 (-43.9%), from €17,720 to €9,937
- Financial charges +€1,328
up €1,328 (+143.7%), from €924 to €2,253
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,925 | €120,940 | +€40,015 | +49.4% |
| Fixed assets | 21/28 | €1,098 | €9,940 | +€8,841 | +805.0% |
| Tangible fixed assets | 22/27 | €1,098 | €9,940 | +€8,841 | +805.0% |
| Furniture and vehicles | 24 | €1,098 | €9,940 | +€8,841 | +805.0% |
| Current assets | 29/58 | €79,826 | €111,000 | +€31,174 | +39.1% |
| Amounts receivable within one year | 40/41 | €20,024 | €38,551 | +€18,527 | +92.5% |
| Trade receivables | 40 | €19,268 | €21,315 | +€2,048 | +10.6% |
| Other amounts receivable | 41 | €757 | €17,236 | +€16,479 | +2177.5% |
| Cash at bank and in hand | 54/58 | €49,749 | €64,477 | +€14,729 | +29.6% |
| Deferred charges and accrued income | 490/1 | €10,054 | €7,972 | -€2,082 | -20.7% |
| Total equity and liabilities | 10/49 | €80,925 | €120,940 | +€40,015 | +49.4% |
| Equity | 10/15 | €66,527 | €108,679 | +€42,151 | +63.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €63,027 | €105,179 | +€42,151 | +66.9% |
| Distributable reserves | 133 | €63,027 | €105,179 | +€42,151 | +66.9% |
| Amounts payable | 17/49 | €14,397 | €12,262 | -€2,136 | -14.8% |
| Amounts payable within one year | 42/48 | €14,397 | €9,248 | -€5,149 | -35.8% |
| Trade debts | 44 | €808 | €441 | -€367 | -45.5% |
| Suppliers | 440/4 | €808 | €441 | -€367 | -45.5% |
| Taxes, remuneration and social security | 45 | €9,720 | €8,808 | -€913 | -9.4% |
| Taxes | 450/3 | €9,720 | €8,808 | -€913 | -9.4% |
| Other amounts payable | 47/48 | €3,869 | €0 | -€3,869 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €3,013 | +€3,013 | |
| Non-recurring operating income | 76A | - | €1,302 | +€1,302 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223 | €902 | +€678 | +303.9% |
| Other operating charges | 640/8 | €168 | €263 | +€95 | +56.5% |
| Gross operating margin | 9900 | €82,058 | €55,267 | -€26,792 | -32.6% |
| Operating profit (loss) | 9901 | €81,667 | €54,102 | -€27,565 | -33.8% |
| Financial income | 75/76B | €5 | €238 | +€233 | +4668.8% |
| Recurring financial income | 75 | €5 | €238 | +€233 | +4668.8% |
| Financial charges | 65/66B | €924 | €2,253 | +€1,328 | +143.7% |
| Recurring financial charges | 65 | €924 | €2,253 | +€1,328 | +143.7% |
| Profit (loss) for the period before taxes | 9903 | €80,748 | €52,088 | -€28,660 | -35.5% |
| Income taxes | 67/77 | €17,720 | €9,937 | -€7,784 | -43.9% |
| Profit (loss) for the period | 9904 | €63,027 | €42,151 | -€20,876 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,027 | €42,151 | -€20,876 | -33.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.